EFG International AG bought a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 57,299 shares of the ride-sharing company’s stock, valued at approximately $4,134,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Uber Technologies in the 4th quarter worth about $2,515,094,000. Legal & General Group Plc bought a new position in Uber Technologies during the 2nd quarter valued at about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Uber Technologies during the 2nd quarter valued at about $752,151,000. Marshall Wace LLP boosted its holdings in shares of Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at about $426,727,000. Institutional investors own 80.24% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on UBER. TD Cowen reiterated a “buy” rating and set a $118.00 price objective on shares of Uber Technologies in a research report on Thursday, July 16th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. Sanford C. Bernstein decreased their target price on shares of Uber Technologies from $110.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.25.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: New teen safety feature: Uber launched live video streaming for teen accounts, allowing parents to check in during rides. The feature, which will roll out nationwide in the U.S. in the coming weeks, could improve rider confidence and support family-account adoption. Uber launches live video streaming for teen accounts
- Positive Sentiment: Autonomous-vehicle expansion: Baidu’s fully driverless Apollo Go vehicles have begun operating in Dubai under Uber’s multiyear partnership. The deployment advances Uber’s robotaxi strategy and may strengthen its long-term position as autonomous transportation develops. Uber’s Robotaxi Push Gains Pace in Dubai
- Positive Sentiment: Analyst confidence: Citizens JMP reaffirmed its “Market Outperform” rating and set a $100 price target, implying substantial upside from recent trading levels.
- Positive Sentiment: Resilient Uber Eats demand: Food delivery is holding up as consumers reduce spending in other categories, suggesting Uber Eats could remain a relatively defensive growth business. Uber also expanded travel options in India through a partnership with Zoomcar and became the PGA Tour’s official rideshare and food-delivery partner.
- Neutral Sentiment: Mixed valuation and momentum: A bullish investment article cited Uber’s growth prospects, while another argued that growth expectations are already reflected in the valuation. Over six months, the stock has lagged the S&P 500, despite trading well above its one-year low.
- Negative Sentiment: Major regulatory liability: Dutch authorities fined Uber €824.99 million—approximately $966 million—for using automated systems to suspend or deactivate drivers. The penalty could create a substantial financial charge and increase compliance costs or regulatory risk in Europe. Dutch regulator fines Uber €824.99m
Uber Technologies Stock Performance
Shares of NYSE UBER opened at $80.33 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market cap of $164.07 billion, a P/E ratio of 17.65, a P/E/G ratio of 6.39 and a beta of 1.13. The firm’s fifty day moving average is $73.33 and its two-hundred day moving average is $73.36. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.
Uber Technologies Company Profile
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
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